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Apr 2, 2024

The government changed how it measures the Consumer Price Index (CPI) to make it appear inflation is less severe than it actually is.
If CPI was measured using pre-1983 methods, 2022 is estimated to be 18%. 2023 inflation (CPI) was 9% according to the Bureau of Economic Analysis. 
These numbers are supported by a 25% increase in food costs since January 2020, source US Labor Department. 
Zillow states the income required to purchase the average home 4 years ago was $59,000. Today, the income required to purchase the average home is $109,000. If you were an average income earner and increased your income $10,000 per year over the past 4 years, you increased your income more than most people. Unfortunately, you did not improve your financial situation regarding housing costs. Sadly, home ownership has slipped away for many Americans.
When the federal government spends more than it receives through tax revenues, it prints the extra dollars. This increases the amount of currency in circulation. Extra dollars chasing products and services increases prices. This is the cause of inflation.
The US government is expected to spend $2.5 trillion more than it will receive in tax revenues in fiscal year 2023. As long as the federal government continues to spend more than it receives, inflation and interest rates will be pushed higher. This is the reason the Federal Reserve has stated to "expect higher for longer" regarding interest rates.
The federal government fiscal irresponsibility creates opportunity. Insurance company dividends are highly interest rate sensitive. Interest rates and dividends are expected to increase over the next 5 -10 years.
Your Personal Bank allows you to grow your money insured, with guarantees, tax-free, and likely increasing returns over the next 5 - 10 years.
I believe we are in for a chaotic year and a bumpy economic ride this year. It would be wise to protect your assets. Diversify. Reduce your risk. Reduce your tax liability. Increase returns safely. Increase liquidity to take advantage of future opportunities.
When the government spends more than it receives, it has to sell bonds to off-set the currency. As long as the federal government continues to print money, bond interest rates will remain higher. Currently, there is no political will to reduce spending. 
The federal government's excess spending creates an opportunity. Insurance company dividends are highly interest rate sensitive. Dividends are expected to increase for the next 5-10 years. You earn dividends insured, guaranteed, tax-free and highly liquid. You can take advantage of the government's financial irresponsibility.
Contact Ferenc at or 866-268-4422 for more info.